Answer:
The correct answer is option d.
Explanation:
The duopolist dilemma refers to the situation when two firms in a duopoly market collective choose a higher price to maximize their collective profits but each firm individually lowers their price.
This happens because an individual firm has the incentive to increase its profit and market share by lowering its price. It does not takes the reaction of its rival into consideration and lowers its price. In reaction, the rival firm also lowers its price. So the overall market price is decreased.
Answer:
600 units
Explanation:
The equation to calculate target profit is:
S × Q = (V × Q) + F + T
-
S = sales price
- Q = Quantity of units
- V = Variable expenses
- F = Fixed expenses
- T = Target profit
$134Q = $67Q + $32,300 + $7,900
$134Q - $67Q = $40,200
$67Q = $40,200
Q = $40,200 / $67 = 600
Answer:
A. Purchasing power parity
Explanation:
Purchasing power parity is a techniques that is used to determine the relative value or the exchange rates of currencies.
Eileen is using the purchasing power parity because she is comparing the cost effectiveness of buying a particular product in different countries using the dollar. The exchange rates of the currency of country X and country Y against will determine which country she will buy from.
In a nutshell, Purchasing power parity is a measurement of two currencies by taking the cost of living and inflation differences into account.
Answer:True
Explanation:
Adverse approaches to contracting in some companies have led to reduced efficient industry with lower productivity levels. However, the relational contracting approach has evidently increased the efficiency by developing partnering agreements and joints team goals and reviews that enhanced financial returns.
D. She is influenced by friends and he is influenced by culture
